The Accord Group, which opened timber-frame factory LoCaL Homes in 2011, is now forming a construction management team to build 22 timber-frame houses in Wolverhampton.
Accord said the move is expected to “generate significant savings by reducing the cost of using external agencies and contractors, with savings ploughed back into building more new homes”.
Mike Stockle, who has 33 years of experience in the construction industry, will head-up the new division.
Chris Handy, group chief executive of the Accord Group, said: “The savings we make from doing this will also ensure that we stay ahead of increasing costs and meet the challenge of building higher-quality homes with less government grant to do so.
“At a time when housebuilding in the UK has slumped to a 30-year low, it’s vital that we continue to build new homes and this will help us to do that by reducing costs.”
Accord Group is one of the largest housing associations in the West Midlands and will build 1,500 new houses as part of the Matrix Housing Partnership by 2015.
